Dream Industrial Real Estate Invest Trst (TSE:DIR.UN) Given Consensus Rating of “Buy” by Analysts

Shares of Dream Industrial Real Estate Invest Trst (TSE:DIR.UNGet Rating) have earned an average rating of “Buy” from the eight brokerages that are currently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$18.50.

A number of brokerages have recently issued reports on DIR.UN. Royal Bank of Canada reduced their price objective on shares of Dream Industrial Real Estate Invest Trst from C$19.50 to C$18.50 and set an “outperform” rating for the company in a report on Friday, May 6th. TD Securities set a C$19.50 price objective on shares of Dream Industrial Real Estate Invest Trst and gave the company a “buy” rating in a report on Thursday, March 10th. National Bankshares began coverage on shares of Dream Industrial Real Estate Invest Trst in a report on Friday, March 11th. They set a “buy” rating and a C$19.25 price objective for the company. Finally, Raymond James reduced their price objective on shares of Dream Industrial Real Estate Invest Trst from C$19.50 to C$18.75 and set an “outperform” rating for the company in a report on Tuesday, May 10th.

Shares of TSE DIR.UN opened at C$14.14 on Friday. The stock has a market capitalization of C$3.59 billion and a P/E ratio of 5.44. The company has a 50-day moving average price of C$15.55 and a 200-day moving average price of C$16.18. Dream Industrial Real Estate Invest Trst has a 1 year low of C$13.44 and a 1 year high of C$17.60. The company has a debt-to-equity ratio of 59.04, a current ratio of 1.31 and a quick ratio of 1.28.

About Dream Industrial Real Estate Invest Trst (Get Rating)

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. Dream Industrial REIT owns and operates a portfolio of 223 geographically diversified light industrial properties comprising approximately 20.2 million square feet of gross leasable area in key markets across Canada and the U.S.

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Analyst Recommendations for Dream Industrial Real Estate Invest Trst (TSE:DIR.UN)

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